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<br /> .,i :. ; ,` . 91--= 102911 -
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<br /> � condemnatin+i or ahcr lakin�uf�ny puh of Ihr Pa�prny.ar Iur cunvcyuncc in hcu��I c�Wxlcmnuti�m.urc Fwrcby uvtii�ncd wul ---
<br /> r�FwN ix paid u�l.cmicr. --
<br /> In �ha cvcm ul'u I�HaI wkin� of�hc �Y.�:rty. �Ix pnkccJr �hull Ix •r�lied �o �lu ,um� xcurcd hy �hi. ti�tiuri�y
<br /> �, Inwtnimcnt,whr�hcr�rc n�H�hrn dur.w•ilh uny cxcc,.�wid a►Nom+v►•er. In Ihr rvrnt uf u�nial��king��f Uic I'm{xrty in
<br /> which Ihe i'+�ir murkct valuc uf Ihc 1'n�Ex ny immcnliutrly helixe�iw�u�fnp i���ual lu�K�:rca�cr�hau ihc uoi��um i►t'�hc.mnt
<br /> '' : +�ccured by�hi.r Sc�:uriiy In►trumcni immcdiutcly I+cfora�hc iuki+�g,unk..Hum�NCr und l.c�ukr�HhrrvviK o�trec in w�iling,
<br /> --
<br /> : , — - •- ��;,u�n..c�u,cd i�y lhi�.�c:urity ln�trunxn! �h:if! F+N reduccJ h}• thc anx�unl u) (IN' (NlK'�CII�iaultiplird hy thc Ii�Uuwmg ___
<br /> • � • divlikd h 1b111w luir murket vuluc ui iiK �--_
<br /> • ��'` f�tion: lul�hr tutul um��unt of tt�+�ums rccuRJ imm��liutcly Ixl��rr dw iukin�., Y �
<br /> � };�., pmpeny immediu��ly t�einn� ihe �uking. Any halunr� +hull i+�paid�o Bunu��•e�. In th�:c�•em ul a p:uliul fuhing ut'Ihc _
<br /> � 1 ...��titi.��i•. ��T�— �.
<br /> Rnpeny in which�he fuir murket vulue�►f tl►r Piru�xny immcdiu►ely In ti�m ihr tukin�t i�. Ir.��hun�hr um�wn�al�Ihe �umr ����^_.
<br /> ,---,��- ,;ecurecl immediotely beforc dir �uking. unle.�Bum��•e� u�xl Lc�xicr when�i.r ugrce �n ���nlin�! ur unlr�� upplicuhlc luw ��,�
<br /> �'`��''v?�-' otherwi.e provideti.the pmccedr,hull bc oppli�d lo INr�um�Kwured hy 1hi+5crialty In+��mmcm whcthe�u�ncn�hc.rumw urc , ,��,�
<br /> �",:�.:�
<br /> � .,� ,.:^� then due.
<br />�""`�",_ �_—:•_....;,` ` If�he Pnqx:ny i�ut►�ndoncd hy Bom�u•cr,or il',uticr nutic�hy Lcndcr t�,Rom►wer�hu��ha r��ndcmnur ufl'cr.to muMc i�,?'�n-14
<br /> ''"`""-``_;�':�,-.: un uwurd or�eule n cluim for dumuge�,Barn►wer fuils tu re.�►nd���L�nder���i�hin ill duy.+di��the du�e thc no�ice i,�ivcn. �..'':�_= T
<br /> -- '"��� '�s' ^. ' Lender is au�horized�o calleci unJ upply�hr pnx:red�,�n it,op�ion.ei�her lo re.�or.��iim or rrpuir ot'tirc Propehy ur tu thu i���_"vi_
<br /> =� ''" �:` sumx�ecurcd by thi�Seru�iry In.trucrn��ru,whethe�or nul lhen Juc. r�="
<br /> Unle�s Lrnd�er aocl&xnw`er eKh�cwire%�cer in writing. uny +►pplicution of pn►cecd+��a principul .hull nal�xlenil c►r
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<br /> .�_—"''�"'`'� 'v-��� � �t nr lhe due dateoti the muntAly Q:�}mentti cefitred k�in purugruph+ I an�t��xch•rn���hc umouut uf.urh puymem�. �R;=r-
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<br /> 11. Borrower I�d ReteASRd: �orbewrance By l.ender Nut a H',�irer. Exa}n.iun <�f thr tim: fvr puyment rn• �n.�--
<br /> i�r, � �r.�i� ,� modi�ication of amunizati�x�oi'the,um�«�cured by this SrcuritY Inunem�nt�r,m[e�6 by l.enciev tu:�uip�►u�titi�u►r in imcrr+� -- .
<br /> _� ` �i;�(.f��l`•')� ` of Borrowcr tihull aol operate to relea�c the liubilit ui�hr ori�nwF B��ruv.cf�x Bcxn�wer;,ur�ti�ux+ in inteR�. Lcnder � ' _.__
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<br /> _- � '' shull iwt be rc ui�ed to rnmmence roceedin +a ain,�un .u�cc�.'�wt ia intrrc.t o�ni'a.r tu rxtrnJ�in�n ti,r paynxm or • �t.�;:�'�`:.-.
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<br /> _ .•�;.<o,+,•„ .. atherwise modiPy umortization of the+um+secured by�hi,Securi�� i�rtrumrnt h�•R��on uf uny dema�xi rn:Mk h)•�h�originul ,y?;.y4�....:�
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<br /> - �=� Y ' ` Borrower or Borrowcr a+ucceti+��n in intcre�t. Any 1'orbrarrnrc by l.r�ukr in excrciyin�:uny n@ht or R�mtil� .hull nol ix�u : � __
<br /> Y;�± +.'••�'r.•,'n�� wuiver of or pre�:lude�he cx�rcix af uny right or rtmedy. `°
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<br /> .��` �.,'• d��'� � 12. Suecessors and Asci�ax Bound:Joint and Severa l l.i a b i l Ny;l'o-s iR ners. The cuvenant�uixf agnxmcnt+��f�his ���,,..
<br /> __ .�;;;;�:.:,� :�'°.rc:;�•. Security Insm�ment shall biaJ aMi t+enefit �t►e wrces+on unJ uy�ign,ol'Lc�xlcr and B��RUwcr.tiubj��:t�u�he provi•,ion+ot"
<br /> _ '. •}"•' • h 17. Borrower�covc�unts pnd u rcementti shull be .joint amd k�•cral. An Bom�wer who co-.igm�hi+ Srcuri�y •..•;,�;"�:°`
<br /> ''' � '�'d'(d` P�B�P � y 1 tF���a•_�
<br /> �:� y s, ,`I�, °• � Insuument but does n�t execute thr Note: lo>i.r.o-rigning ihi+Security In.t^.:::�nt only to mungage.g�.u�t und convey thvt ;,�, �
<br /> ��•� Ix• Y b P'Y ��.,._, �-•.
<br /> :A`�,�; }:� '{;;+:�R��.'. Borrower y intcrest in[he Propeny undcr Ihe trrrr��of�hi�S��uri�y Im�runknt; th1 i�nat n�maU �►hli�u1ed lu r the.um+
<br /> ��'�', �°"� ;�;���+�`� � sccured by this Security In.trumenl:unJ Ic 1 agrce.Ihut LrnJer and vny othrr Rnrn►wcr may ugrte Io exirnJ.malify,l'cxlxur ::�.
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<br /> � ;�, r�:�.s,;� or make uny uccornmcxi�lionx vvith regurd to i hc trrm� o i�hi�Sec u r i t y l m t r u m r n t o r�h� N o t e w i i h o u� ihat Borrowcr, • --
<br /> s�i ���.Y 1t, L,,, conscnt. --
<br /> � " " � �,�"� 13, Loan Chs�r�es. lf th� luun �ecured by �hi+Security In.�rumen� i� suhjrc� �u a iuN which ..tr maximum lu:sn ��
<br /> ,,. .. . � . , . `-rj.�•r�;i� • ��,. ��T,.��:,.
<br /> �t� .;?,;;ur,�•i,;i'•' charges.und that Inw is iinully imcr�rrled u�that thc interest ur athcr loan rharee�rnller�ed ar�o Ix c��Hcr.�ed in runnectic�n
<br />.��,:. , , 1.T •�, „ •� ' with the lowi a�cecJ ihe per+nitted limlt..then: 1;►►any+uch luan chargr+h:�ll hr rrduced by thc amoum neceswry tc�reduce �::.,',,.��'w,.;:•�
<br />-� �` `r.���' `: the chur e�a thc rmiued limit:and Ibl uny,um.ulreaJy ci�Urctcd from 8unower which excceJeJ pertniued limil,will bc _ , "
<br />.������'��: 'i�h�����i�.'. �if�s�i.. . s �, "':���"�i�.'-
<br /> ' ;.'�� �.. I,�`c?<<,� refundecD�a Borcower. Lender may rh�+c��e to mukr�hi�mfunJ by r�ducing thr princ�pal uwed under ihc Nute or by muking a
<br />'�;.�.^� �� "�" ' .'.�'.y;'� direct pa��meot to Borr��wcr. If u refunJ redace�prinripal.�he rcduc�ion will lx�reuted us a panial pmpuymem wi�huut any =r,=-,�-:.,;"
<br /> �`� ,`"'•.` ,:�'• � u'� prepoyment churge undcr thc No�c. �i��
<br /> . ;� a � �" ^ 14. Notices. Any noticc to Bom�wer providrd li�r in tBi. Sccuri�y h�,trumrn�tihull be grven by ik:livering it ur My �'i'4,!�;;
<br /> � muiling i�by tiixt c iu��mail unle,s applirubl�luw reyuirc+u+e��f unothrr meth�xi.'I'he nuticc.hall Ix Jirected t��thr.Prcryxrty � ; .,
<br /> - '':�r"�;� Add�sx or uny o�her:Hklre,s Borr��wer de�ignutr,by ix�tice tu Lcndcr. Am no�ic�tu Lenilcr,hall hv gi�•cn by linl da., ,•�,;,;�;�:,.
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<br /> .. . .� ,��':.;����ry� mail to Lendcr's addre.s�tu1eJ he�ein or uny uther uJJrc,�Lcnder de,ignale,M•nulicc�u Ni�rraac r. .An t naticr provided fiir ;�"_
<br /> ' `f�`�''' � in �his Srcurit In,uument +hall hv dcemed to huvc Ix�rn ci�•en ���B��rn�wrr ur L�ndcr whcn tivcn ii. pnrvideJ in thi. ��,�j;;;::•
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<br /> -'Viµ-�� '• A� . -�/����p��• pnrn�raph.
<br /> ' - ^f 1S. (ioverning l.aw: tieverability. Thi� Srcurily In�trumcnl ,hall tx �avcnxd M- icder.�l la�� and Ihc I•rw �if Ihc ����.:-c
<br /> ' "� J � jurisdiction in which the Pmperty i.IcxuteJ. In It�e event thal uny pr�vi,ion c�r�lautic��t'�lii.S«urity Mstru�nrnt ur thc Nac
<br /> , „'�.. . canflirtx wiih upplicuble luw..uch cunilic�.hail no�uifect mher p�ovi,iun+„I'ihic Security Imtrumem or Ihe No�c which can • ,,::
<br /> �' be=iv�n�ffcct withnu�ihe contlictin�! provitiiun. Tii thi+er�cl thr provi.i.m+af�hi+Security In.trumen�und the Note +�r+e ''�,��,,,,,,��_
<br /> t'?. ° � " declured to lx��evcrable. 4 d�.�:t?..-:-..
<br /> ='� •' '. � , l6. Borruwers Copy. BuRUwcr,h•rll Ik givcn onr cunt:�rui�d<<�p}af Ilic tiutc und��t ihi,Srcuri�y Instrumern. _.,�,..';:'';� �-
<br /> �' � � � ° 17. Tr�nsPer oP the Propeny nr u BeneticEvl Interesl in Horroae� 1 F all or auy pan oi'thr Pra�x ny ar uny intcrc,�in . ,,...:���t�:;�
<br /> .���. :}1�.��'M1, .
<br /> ,� ;� r`-- � „ it is.old or trw�+fcrred I�r if u txnrticiut irncrc+t in eorrow�r i, .old ur tran:Fcrrcd anJ Bnrniwcr i,na�t a n•rwr,�l �xnon► ��;;��;;?L,
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<br /> . without Lrnder�pri��r wriuen ronscn�.Lendcr may.ai i�,��ptiun. rcyuin imm�dialr puymcnt in ful�uf ull sum+�ecure�l by �ti•••�•i.��r_,_-
<br />� .,�.t r:`:'iF�,;ty thiti Securily In�wment. Hoa•�ver.�hiti uption,hull nol tx excrci.cJ hy Lender if cserci,e iti pr��hibited by federal law a�of ' �'�"^��t;,�;,.,_
<br /> • • °� -� W ° the date of thiti Security Inslrument. �` �`� �
<br /> "�•��!',t�;�•,;'.'`��' If Lender exerci�ex thi�uption.Lrnder,h�ll givc Burrower notice uf acc�leratiun. Thr n���irr+hall praviJ�:a�xriixl af � t(�' ,;:
<br /> • ,:��i", .�.,?,;1.�,�y'•.' not les,�hun 30 day+irom the Jate thc nutice is delivrrcJ ur mailyd��•ithin which Burtu�ver mu,l pay ai1 sum�ucund hy thi. : ' .
<br /> .�'� . , _ Sccurity Instrumeni. If Bum�wcr t'ailti tu pa� thc,c ,um�prior to thc c�pirulion of this �xri�xl. Le�dcr mu�- invakc uny . - ,
<br /> � ,',ii;>�yx;'`„` remcdies�xm�itted hy Ihi+Sccuriiy In�trumcnt�ti ilhi►u�funher nulic�ur demund�m H�nru��rr. ,
<br /> , .;��'•:ti;1f�: 18. Borrnwer's RiRht t� Reinstvte. If Bnrc��µcr mc�i,crnuin rundition.. B�►rn,��•cr ,hull have thr righ� to huvr .
<br /> �. ., , , cnfun:�ment of thix Srcurity In,irumcn�di,continurd at an+ u ime prior tu 11tr�arlirr ul: iu�S Juy.lur,urh uthcr�ri�xl a� . .
<br /> . ',:�4� ' timglc l•.m��1. •Fuank�tar Freddl►\Ix l\IYI1N�1 1\e'1'81'�1F.\f..l mi�mo('���rnrm, '1411 �p�ier�1.d np•�e�••i
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